Replies to post #137928 on Biotech Values

[jq1234]

ETrade only allow direct trading on 6 foreign countries' exchanges: Canada, Japan, Hong Kong, Germany, France, UK. Trading cost is much higher than trading on US exchange, but not too bad if you buy and hold.

[oc631]

One concern is that the asset protection from SIPC and/or private insurance may be less robust than the protection you get in your “regular” brokerage account.

E*Trade has one of the weakest balance sheets in the online-broker space. During the financial crisis they were on the edge and look what happened to MF Global.. SIPC and FDIC insurance is limited so I use other firms.